California State Teachers Retirement System purchased a new stake in Gardner Denver Holdings, Inc. (NYSE:GDI) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 73,900 shares of the company’s stock, valued at approximately $1,597,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Teachers Advisors LLC acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $47,611,000. Peregrine Capital Management LLC acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $15,938,000. American Century Companies Inc. acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $12,492,000. Nationwide Fund Advisors acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $2,122,000. Finally, TD Asset Management Inc. acquired a new position in Gardner Denver Holdings in the second quarter valued at approximately $2,184,000. 99.31% of the stock is currently owned by hedge funds and other institutional investors.

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GDI has been the topic of several recent analyst reports. UBS AG boosted their price target on Gardner Denver Holdings from $28.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Stifel Nicolaus reissued a “buy” rating and issued a $28.00 price target on shares of Gardner Denver Holdings in a research note on Thursday, September 7th. Zacks Investment Research lowered Gardner Denver Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, October 18th. Citigroup Inc. reissued a “buy” rating and issued a $32.00 price target (up from $28.00) on shares of Gardner Denver Holdings in a research note on Monday, October 9th. Finally, Robert W. Baird reissued a “buy” rating and issued a $30.00 price target on shares of Gardner Denver Holdings in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and ten have given a buy rating to the company’s stock. Gardner Denver Holdings has an average rating of “Buy” and a consensus target price of $30.20.

Shares of Gardner Denver Holdings, Inc. (GDI) opened at $30.05 on Friday. Gardner Denver Holdings, Inc. has a 1-year low of $19.91 and a 1-year high of $30.66. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.60 and a current ratio of 2.51.

Gardner Denver Holdings Profile

Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.

Institutional Ownership by Quarter for Gardner Denver Holdings (NYSE:GDI)

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